§ Mr. ClappisonTo ask the Chancellor of the Exchequer (1) how many inheritance tax returns were filed in each of the years ending on 5 April(a) 1998, (b) 1999 and (c) 2000; [140164]
(2) how many inheritance tax returns filed in the years ending (a) 5 April 1998, (b) 5 April 1999 and (c) 5 April 2000 showed net assets of (i) minimum limit to £500,000, (ii) £500,000 to £1,000,000 and (iii) over £1,000,000; and what was the amount of inheritance tax charged in each of the years (a) to (c) above. [140163]
§ Dawn PrimaroloThe number of accounts received for each of the financial years 1997–98, 1998–99 and 1999–2000 were 52,800, 51,300 and 56,300 respectively. For compliance reasons, and because of the operation of reliefs, these include estates not ultimately liable to tax.
Figures broken down by net assets are not available on this basis. The available data relate to the size of estates and tax liability on deaths in 1997–98 and were published in Inland Revenue Statistics 2000 Table 12.4 (page 127), a copy of which is in the House of Commons Library.